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Property profile & analytics
OFF-MARKET
Estimated value
$6,120,000
Commercial real estate
40922 Fremont Blvd Fremont, CA 94538-4375
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US09-9302904
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1959
Construction
TILT-UP CONCRETE
Total area
15,030 SF
Lot
1.02 ac (44,446 SF)
APN
525-661-66-2
UPID
US09-9302904
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Dance Identity Training Center
-
Gurus of Dance - Bollywood Dance Classes Fremont Training Center
-
The Legends Of Bollywood Training Center
-
ACPA Training Center
-
Academy of Chinese Performing Training Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.03M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.12M
Owner & transaction history
Bay Area Community Health · 4 yrs held
Bay Area Community Health
since 2022
Last sale
$6.2M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$7.6M
+1.1%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Fremont submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fremont submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$6,050,000
ML approach
$6,030,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$7,485,000
Current use
RESTAURANT
$7,565,000
Change: +1% · Conversion: Difficult
OFFICE BUILDING
$6,855,000
Change: -8% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$6,385,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$6.12M
Range $5.51M – $6.73M · ±10% · vs last sale $6.20M (Mar 3 2022)
Last sale anchor
$6.20M
Mar 3 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$407 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$60,643
Tax year 2023
Assessed value
$6,924,243
Assessed 2024
Previous assessed
$6,788,489
+2.0% YoY
Effective rate
0.88%
On assessed value
Assessed land
$3,346,500
Assessed improvement
$3,577,743
Applied tax rate
12.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1959
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
1
Stories
1
Units
1
Total area
15,030 SF
Lot
1.02 ac (44,446 SF)
APN
525-661-66-2
UPID
US09-9302904
Jurisdiction
ALAMEDA
Metro division
OAKLAND-FREMONT-HAYWARD, CA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$7.5M
RESTAURANT
Est. value
$7.6M
OFFICE BUILDING
Est. value
$6.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$6.4M
COMMERCIAL (GENERAL) Current
RESTAURANT
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1959
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
1
Units
1
Lot
1.02 ac
Current owner
From public records · entity-resolved
Bay Area Community Health
Individual
Mailing address
40910 FREMONT BLVD, FREMONT, CA 94538-4375
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 3, 2022
—
Bay Area Community Health
Bay Area Community Health
Intrafamily Transfer
related
$4,357,215 · Bank Of The West
Oct 11, 2017
$6,200,000
Tri-city Health Center
Khuu,jennifer N
Grant Deed
$4,650,000 · Bank Of The West
Jul 23, 2012
—
Jennifer N Khuu
Vu,thang D
Grant Deed
related
$3,322,338 · Cathay Bank
Feb 24, 2006
—
Thang D Vu
Vu,lien D
Quit Claim Deed
related
$900,000 · Dale W Sobek
Jan 28, 2005
—
Lien D Vu
Vu,cuong M
Quit Claim Deed
related
—
Jan 28, 2005
$5,510,000
Vu,lien D
French,patricia A
Trustees Deed
$3,857,000 · Cathay Bank
Apr 22, 2004
—
Patricia A French
French,john W
Quit Claim Deed
related
—
Jun 29, 1993
—
Patricia,ann French Trust
French,p.
Quit Claim Deed
related
—
May 20, 1975
—
—
—
Grant Deed
related
—
—
—
John W French
—
Deed Of Trust
related
$50,000 · H E C Inv INC
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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